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    Question

    Kraft Enterprises owns the following assets at December 31, 2010.?
    Kraft Enterprises owns the following assets at December 31, 2010. Cash in bank–savings account 63,879 Checking account balance 26,399 Cash on hand 9,470 Postdated checks 921 Cash refund due from IRS 36,739 Certificates of deposit (180-day) 94,454 What amount should be reported as cash?
    8 months ago 2 Answers

    Best Answer

    Post dated check would not be considered cash yet Refund due from IRS has not been received and is not a cash item yet The rest are considered as cash items
    a few seconds ago

    Other Answers

    • Careful, this is answer is not right.

      by Lisa Page - a day ago

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